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201204896
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Last modified
6/19/2012 8:48:41 AM
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6/19/2012 8:48:41 AM
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201204896
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- <br />- <br />N � <br />B � <br />� � <br />N �� <br />0 � <br />� <br />� � <br />� - <br />� <br />� <br />S 1 . � <br />� � � <br />� ,�fi � � : � o —�-i <br />+�0 � t ,.� ' _ � C T� <br />�� � c �m <br />�� c� i,'�_ � � � <br />o ��� �a o � <br />� A ' � � Z <br />_ _ _ . _ _. _. _ r�t _�_r m <br />� �'�`"—' Dw <br />cn "�3 r � <br />t� � f D <br />» � <br />c7 �� w � <br />- P'� D <br />U �, � � <br />Space Above Line For Recording Data �� �—' U' <br />� <br />SUBORDINATION AGREEMENT <br />r � <br />�. <br />:µ� <br />-� <br />�' <br />This Agreement made this 11 T `� day of June, 201 �, between Centris Federal Credit <br />Union, its successors and/or assigns, ("Lender") and Centris Federal Credit Union, <br />("Credit Union"). <br />WHEREAS Centris Federal Credit Union is the beneficiary under a Deed of <br />Trust/Mortgage dated July 3, 2009 and recorded July 9, 2009 at Instrument # 2009-05601 <br />in Mortgage Records of Hall County, Nebraska to secure a loan in the original principal <br />amount of ($9,200.00) to Ramon Antonio Ramos and Dana Lynn Ramos, a husband and <br />wife, ("Borrower(s)") and covering the following described real estate: <br />LOT IO AND THE WEST 15 FEET OF LOT i l, BLOCK 4, FIRST ADDITION TO WOOD RIVER, <br />HALL COUNTY,NEBRASKA. <br />WHEREAS Lender proposes to make a loan to Borrowers not to exceed the <br />principal amount of $56,000.00, dated December 14, 2011 and recorded December 19, <br />2011 in Instrument # 2011-09527 in the records of Hall County to be secured by a first <br />mortgage or trust deed upon real estate covered by the Deed of Trust/Mortgage of Credit <br />Union and described as above, and, <br />WHEREAS Lender has requested Credit Union and Credit Union has agreed to <br />subordinate the lien of its trust deed to the mortgage of trust deed to be taken by Lender, <br />NOW, THEREFORE, in consideration of the premises the parties agree as follows: <br />Credit Union hereby expressly subordinates the lien of the above described trust <br />deed to the lien of any mortgage or deed taken by Lender from Borrowers and declares <br />the lien of the trust deed to be junior and inferior to the lien of Lender upon the lands <br />described therein; provided, however, that the subordination of the Mortgage of Credit <br />Union shall not apply or be effective as to any amounts, exclusive of interest, in excess of <br />$56,000.00 secured by the mortgage or trust deed of Lender. <br />Centris Federal Credit Union <br />� A6S`^v <br />c ���� YO � 'F er � �� <br />�"� = B <br />�'�� y <br />° ° � ' Elizab h irkey <br />_,. ,� <br />�"� SEp� �r� Its Lending Mana er� <br />� � 'm'c'°," � a <br />Centris Federal Credit Union <br />STATE OF NEBRASKA <br />My Commission expires: <br />SS <br />COUNTY OF DOUGLAS <br />On this I1�' day of June, 2012, before me, the undersigned, a Notary Public duly commissioned and <br />qualified for said County personally came Elizabeth A Birkey, Lending Manager, to me known to be the <br />identical person whose name is subscribed to the foregoing instrument and acknowledge the execution <br />thereof to be his voluntary act and deed as su�Trustee. <br />- - --, ..____ <br />.� � <br />� �__��' <br />Notary Public <br />N <br />O <br />F�'' <br />fV <br />d <br />S <br />� <br />Cl? <br />cT) <br />� pf� <br />WL NOTARY- S� �p <br />JAMES D. �VEIIUN� <br />� ��. �A. Au9.18, 2015 <br />Centris Federal Credit Union <br />343 N. I 14th Street <br />Omaha, NE 68154 <br />Prepared By: Jim Wehling <br />
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